The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 8 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Brough: Gas turbine lead times will not get much worse
“I actually don't think they're going to get much worse. I think all of the OEMs are, in fact, I know all the OEMs are working like crazy to try and shorten up their lead times, or at least make sure they don't get worse.”
Brough: Half of global gas turbine orders go to oil and gas
“About half of the gas turbines that's ordered in the marketplace aren't even for the electric power utility market. They're for the oil and gas market.”
Brough: Gas turbine prices have surged 30% to 35% over five years
“It's, but it's definitely up around 30 to 35% over the last five years. The price is definitely up. I track all of that very, very closely.”
Brough: Average gas turbine procurement lead times now stretch to 48 months
“I would say between 36 and 48 months. I suppose there are some OEMs that are claiming up to 60 months, but I would say on average it's around the 48 month period.”
Brough: Roughly 1,400 new data centers are planned across the US
“There's like 1400 New data centers planned in the United States alone. And over a thousand of those are all large scale.”
Brough: Hydrogen-fueled gas turbines will struggle due to fuel supply constraints
“So while they're all spending a lot of money, and their engineers are working very diligently and doing some fantastic development, I have some doubts as to where, whether the market will actually see a significant Increase in purchases of gas turbines that ac…”
Brough: Half of 1998-2001 gas turbine orders were artificial Enron-driven demand
“I would say at least half of the volume was artificial.”
Brough: Oil and gas companies follow resilient seven-year investment cycles
“Most of the large oil and gas players have long-term thinking in mind. So they're making five, 10, seven, and ten-year strategy developments for strategy. Now, well, in any one year, they might Reduce their order activity because the oil and gas prices are dow…”